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IPO news I Paytm, 5 other startups have foreign listing plans; await clarity in Budget, says report

Updated Jan 25, 2021 | 08:57 IST At least 6 companies such as Paytm, PolicyBazaar parent are waiting for clarity from the government on guidelines such as where to list and tax regimen for listing abroad Paytm, 5 other startups have foreign listing plans; await clarity in Budget, says report  |  Photo Credit: Thinkstock At least six Indian companies such as Paytm, EtechAces Marketing and Consulting, the parent company of both PaisaBazaar and PolicyBazaar, are considering the foreign listing of their companies but are waiting for detailed guidelines from the corporate ministry and the revenue department. According to a TOI report, the companies are waiting for clarity in the upcoming Union Budget 2021-22 set to be presented in the Parliament by Finance Minister Nirmala Sitharaman on February 1.

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